Stratos Wealth Advisors LLC increased its position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Free Report) by 38.6% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 30,793 shares of the company’s stock after purchasing an additional 8,579 shares during the period. Stratos Wealth Advisors LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $773,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in SOXL. Vontobel Holding Ltd. purchased a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the first quarter valued at $195,000. Archford Capital Strategies LLC raised its position in Direxion Daily Semiconductors Bull 3x Shares by 49.4% during the first quarter. Archford Capital Strategies LLC now owns 20,343 shares of the company’s stock valued at $324,000 after buying an additional 6,727 shares during the period. Parallel Advisors LLC raised its position in Direxion Daily Semiconductors Bull 3x Shares by 194.9% during the second quarter. Parallel Advisors LLC now owns 16,257 shares of the company’s stock valued at $408,000 after buying an additional 10,745 shares during the period. Bank of Nova Scotia purchased a new stake in Direxion Daily Semiconductors Bull 3x Shares in the 1st quarter worth about $416,000. Finally, Stuart Chaussee & Associates Inc. acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares during the 1st quarter worth about $750,000.
Direxion Daily Semiconductors Bull 3x Shares Price Performance
NYSEARCA:SOXL opened at $40.29 on Friday. The stock has a market cap of $13.20 billion, a PE ratio of 35.63 and a beta of 4.08. Direxion Daily Semiconductors Bull 3x Shares has a fifty-two week low of $7.22 and a fifty-two week high of $43.37. The stock’s 50-day moving average is $31.75 and its two-hundred day moving average is $23.45.
Direxion Daily Semiconductors Bull 3x Shares Profile
The Direxion Daily Semiconductor Bull 3X Shares (SOXL) is an exchange-traded fund that is based on the ICE Semiconductor index. The fund provides 3x daily exposure to a modified market-cap-weighted index of 30 US-listed semiconductor companies. SOXL was launched on Mar 11, 2010 and is managed by Direxion.
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